Circ re. Glass Lewis recommends vote against Saba

Edinburgh Worldwide Inv Trust PLC

09 January 2026

 

RNS ANNOUNCEMENT

09 January 2026

PROTECT YOUR INVESTMENT

PROTECT YOUR TRUST

VOTE TO STOP SABA

Glass Lewis, a leading global provider of independent corporate governance research, recommends shareholders to vote AGAINST Saba's proposals

The Board of Edinburgh Worldwide Investment Trust plc (the "Company" OR "EWIT") notes the publication of the voting recommendation from independent voting adviser Glass Lewis in relation to the Company's forthcoming requisitioned general meeting on 20 January 2026.

Glass Lewis has recommended that shareholders VOTE AGAINST all the Saba resolutions at the general meeting

The recommendation is in line with the unanimous recommendation of the Company's independent Board and follows the decision of ISS, which also recommended that shareholders vote against ALL of Saba's proposals.

Jonathan Simpson-Dent, Chair of Edinburgh Worldwide commented: "We are pleased to note the conclusions of Glass Lewis and ISS who both recommend that shareholders vote against all of Saba's resolutions. We are also pleased to see Legal & General plc come out to publicly support the Board and its intention to vote against all of Saba's proposals.

"I look forward to answering shareholder questions in a live Q&A which is open to everyone, including media, later today."

A copy of the circular setting out the reasons for the Board's recommendation is available on a dedicated website http://www.trustewit.com as are instructions on how to vote according to platforms.

Q&A session with Chair at 2pm GMT on 9 January 2026

EWIT will be hosting a Q&A session providing the opportunity for shareholders to ask the Chair, Jonathan Simpson-Dent, any questions they may have in relation to EWIT and to Saba's proposed resolutions.

The Company will host the live Q&A session via Investor Meet Company at 2pm GMT today.

All participants will be able to submit questions via the Investor Meet Company dashboard during the live session.

Shareholders can sign up to Investor Meet Company for free and register for the Q&A session with Edinburgh Worldwide Investment Trust plc via: https://www.investormeetcompany.com/edinburgh-worldwide-investment-trust-plc/register-investor

VOTE TO STOP SABA

THE DEADLINE FOR PROXY VOTING AT THE REQUISITIONED GENERAL MEETING IS 12 NOON ON 17 JANUARY

PLEASE BE AWARE THAT SOME PLATFORMS HAVE DEADLINES AS EARLY AS 12 JANUARY

If you need further information about how to vote, please contact:

Shareholders: [e-mail] OR [phone]

General enquiries: [e-mail] OR 0800 917 2113

For further information please contact:

Investors:

Deutsche Numis

Nathan Brown

Tel: [phone]

[e-mail]

Matt Goss

Tel: [phone]

[e-mail]

Media:

Greenbrook Advisory

Rob White / Peter Hewer

[phone]

[e-mail] 

Company Secretary:

Baillie Gifford & Co Limited

[e-mail]

Tel [phone]

 

END